The establishment of Nanshan Precision is relatively low-key.

Most people don't pay special attention to it, thinking that Nanshan Group is tossing itself.

Even Cao Yang himself has no way to keep his eyes on Nanshan Precision all day long.

Because 2009 is also a very important year for Nanshan Group.

After the outbreak of last year's financial crisis, 2009 was a key year for whether many opportunities could be seized.

For Huaxia, the situation in April 2009 has been significantly different from the first quarter.

Whether it is the official data or the changes in the orders of enterprises, you can feel the rapid recovery of China's economy.

However, for the international market, the impact of the financial crisis has been even greater.

On January 14, 2009, Nortel Networks, the largest telecommunications equipment manufacturer in North America, filed for bankruptcy protection.

On January 27, 2009, sales in the U.S. auto market fell 32 percent over the past 10 months compared to the same period in 2007, the worst level in the U.S. auto market since 1991.

On February 6, 2009, Toyota announced that it would post its first annual net loss in decades, and that the company's results would change from a net profit of 50 billion yen to a net loss of 350 billion yen.

On February 10, 2009, UBS Group released its quarterly report showing that the group suffered a loss of about US$6.9 billion in the quarter, mainly from the loss of investment banking risk positions, with a loss of US$17 billion for the year.

On March 2, 2009, the Dow Jones Industrial Average closed at 6,763.29 points, the lowest closing level since April 1997, which also means that the market value of the Dow Jones Index has lost more than half in just one and a half years.

On March 9, 2009, polar bears depleted 35% of their foreign exchange reserves in the past five months, GDP fell by 8.8% year-on-year in a single month, and industrial output fell by 16% year-on-year, the largest decline in 15 years.

In the first quarter of 2009, unemployment in the eurozone reached 9.5 percent, the highest in 10 years.

Since March 2009, the Federal Reserve has purchased a large number of Treasury bonds and implemented quantitative easing monetary policy, and the depreciation of the US dollar has followed.

Although there was some good news later, such as Citibank announced a profit in the first quarter of this year.

But the overall picture is very pessimistic.

This makes it much less difficult for Nanshan Investment to buy and buy in the international market.

"Mr. Cao, at present, our layout in lithium mines, nickel mines and cobalt mines has almost been completed."

"Even in the past few months, I have made a fortune in the gold market."

"The acquisitions related to Nanshan Semiconductor have also been carried out relatively smoothly."

"In addition to what you said that Nvidia is still negotiating, some other small design companies have won several."

Lin Ling and Zhang Fugui came to Cao Yang's office again to report on Nanshan Investment.

For many people at Nanshan Group, Nanshan Investment is relatively mysterious.

Many people know that there is such a company, but its specific business is not very clear to everyone.

"In the next period of time, in addition to continuing to communicate with chip design companies about acquisitions, some precision instrument companies, if they have core technologies, can also acquire back."

"These companies are generally not very large and not that sensitive."

"If they weren't for the impact of the financial crisis, they would have been stable."

"Now is the best opportunity to acquire."

For many manufacturers of precision instruments, the scale is actually small.

Even among the world's top 500 companies, it is almost difficult to find professional companies in this area.

Although many companies occupy a monopoly position in the Chinese market, their annual sales in Huaxia may only be 100 million yuan.

After all, these sophisticated instruments are very niche.

After a lab buys it, it may not be in demand for several years.

The annual market will not be particularly large.

Of course, with the increasing importance of scientific research in China in the future, the relevant market will expand.

But it's just a comparison to the market in the past.

If you really compare it with other large equipment, it will definitely not be comparable.

"As long as you don't acquire some very sensitive companies, the threshold is not high now."

"I can reach out to a few friends and see if I can find someone who is more familiar with the industry."

Lin Ling is a financial professional and has a good understanding of various acquisition plans.

But the precision instrument industry is still too professional, and she really doesn't understand it.

If you don't know how to pretend to understand, something big will happen.

She knows this very well, so she won't mess around easily.

With her status as an investment in Nanshan, there is no need to mess around.

"There are quite a few small and medium-sized companies in Dongying and Europe, maybe only one or two hundred people, but they may be very well-known in the industry in a specific segment."

"If there are some such companies that are in trouble now, they can also consider buying them back."

"If you miss this opportunity, it will be difficult in the future."

In China, people often look down on small companies.

Running a business is all about the bigger the better.

But this is not entirely the case in Dongying and some parts of Europe.

Of course, there are also large enterprises, but many small and medium-sized enterprises, and even small companies with only a few dozen people, have mastered one or two core technologies.

This is quite meaningful to Nanshan Group.

Maybe when these things will be able to come out and play an important role.

"We at Nanshan Investment have also recruited some Dongying and Europeans during this time, and I think it is possible to introduce some incentives on the acquisition plan of the company at that time."

"As long as we can acquire the company we want, and the purchase price is also suitable, we can give them some high bonuses."

"In this way, there will be brave men under the heavy reward, which should be very beneficial to our acquisition."

Zhang Fugui on the side put forward a relatively bold plan.

If ordinary people put forward this plan, they may have the meaning of digging into the corner of the company.

But Zhang Fugui obviously didn't have to worry that Cao Yang would doubt himself.

Many acquisition plans, with the cooperation of insiders or people familiar with the situation, will be much smoother.

Zhang Fugui is a person who has worked hard in the nineties, and he can be regarded as a clear man in this regard.

Although the situation is certainly not exactly the same abroad and at home, some things are more or less the same.

"No problem, as long as you can acquire the right business, you should pay some reasonable price."

"However, we should also pay attention to the risk of legal compliance, and don't spend the money, and the company will indeed not be under our control at that time."

Cao Yang reminded Zhang Fugui and didn't bother with too many details.

Now is the best time to go to the international market to acquire companies that have core technologies, but are in trouble.

In a few years, after the impact of the financial crisis has passed, if you want to buy someone, you will have to spend more money, and they will not easily sell to Chinese buyers.

The issues involved are much more complex.

In this regard, Zhang Fugui and Lin Ling naturally have no opinion.

Although Nanshan Group's series of buying, buying, buying and buying actions have not made a big name for the time being, for people in the industry who have been paying attention to Nanshan Semiconductor, they can feel the determination of Nanshan Group.

Warwick HiSilicon, on the other hand, has the most say in this.

"Mr. Xu, several Silicon Valley chip design companies that we have contacted before have recently been acquired by a mysterious company."

"I inquired, and behind this mysterious company should be Nanshan Investment, a subsidiary of Nanshan Group."

"They have been doing a lot of activities in Silicon Valley recently, and they are also in contact with many small and medium-sized enterprises in Dongying."

"It seems that Nanshan Semiconductor's determination to engage in chips is very strong."

Even Zhitian's contact with the Nanshan Group has not been a day or two.

He obviously felt that Nanshan Group was completely different from other domestic enterprises.

Not to mention that Nanshan Group has produced many new technology products in recent years, Nanshan Group's attention to technology research and development alone is not comparable to ordinary enterprises.

Even the number of R&D personnel of Nanshan Group is also a few in China, and the treatment is speechless.

In particular, Nanshan Semiconductor has bought two communities in Yangcheng and Modu to house Nanshan Semiconductor's talents, which are already well-known in the industry.

"In terms of chip design, although we have been engaged in it for many years, in some fields, it is still the chip companies in Silicon Valley that have their own uniqueness."

"For example, we are not very good at GPU design related to image processing."

"There are also some technologies related to automatic parking of automobiles, which we have basically not studied."

"Now Nanshan Semiconductor is entering various automotive-grade chip-related fields in an all-round way, and does not hesitate to spend a lot of money to poach people and buy companies, which is indeed amazing."

"I just don't know how long they can last, but don't stick to it for a year, find that the investment is too big, the return is too low, and if you don't do it directly, it will hurt the domestic semiconductor industry a lot."

Xu Jun is a little looking forward to the development of Nanshan Semiconductor, but also a little worried about the development of Nanshan Semiconductor.

Although everyone is doing products in the same industry, they are normally competitors.

However, the domestic strength in this area is too weak, and the competition between them is almost negligible.

More often than not, it is a relationship of cooperation, exchange and complementarity.

The technical staff of Nanshan Semiconductor and the technical staff of Huawei HiSilicon will go to each other's company every once in a while to conduct some technical exchanges.

It is also a continuation of the good relationship that the two sides have accumulated over the years.

"Nanshan Semiconductor is backed by Nanshan Group, and there should be no need to worry about funding in the next two or three years."

"Today's Nanshan Group has strong profitability and a very healthy balance sheet."

"As long as Mr. Cao is determined, even if he burns one or two hundred billion yuan on Nanshan Semiconductor every year, there should be no problem."

Lian Zhitian obviously has a good understanding of the situation of Nanshan Semiconductor.

In fact, the situation of the other party is a bit similar to theirs.

The semiconductors themselves have not yet made money.

But with the blood transfusion of the group, there is no problem in continuing to hold on.

"According to the current rhythm, Nanshan Group's action of buying and buying has not stopped."

"The wafer factory in Modu is said to be under construction day and night, and the progress is very fast, and it is estimated that it will be completed by the end of this year."

"At that time, the comprehensive strength of Nanshan Semiconductor may be the strongest in China."

Xu Jun gave a judgment very boldly.

Domestic companies engaged in chips are actually not few.

But there are not many that have become a climate.

And almost no one is taking the road of Nanshan Semiconductor, from chip design to wafer production, to packaging and testing, everything wants to be done by themselves.

If ordinary enterprises are so tossed, Xu Jun is absolutely not optimistic.

But on Nanshan Semiconductor, the situation is a little different.

On the contrary, he is looking forward to the future of Nanshan Semiconductor.

"If the layout of Nanshan Semiconductor can be realized, then their prospects are really worth looking forward to."

"Although the technology of automotive-grade chips is not at the forefront of the industry, the demand for chips in the automotive industry is also quite large, and it is not easy to solve this problem."

"Even I've heard that they have a lot of research on chips in some other consumer electronics."

"Nanshan Semiconductor has been digging people frantically since the second half of last year, and it has not stopped expanding until now."

"I don't think they'll surprise us at any time."

Even Zhitian is quite optimistic about the future of Nanshan Semiconductor.

He even felt that Huawei HiSilicon could further cooperate with the other party, "Mr. Xu, I think that some of the company's chips, if they are closer to the direction that the other party is researching, have tried to buy them from them." ”

"Or part of the chip foundry, when the time comes, you can consider handing it over to Nanshan Semiconductor's chip factory in the magic capital for production."

"In this way, the relationship between our two sides will definitely be able to go further, and it should also be beneficial for future cooperation."

Even when Zhitian said this, Xu Jun also seriously considered it.

It seems like a good idea to take this opportunity to participate in the construction of Nanshan Semiconductor's magic fab?

Although Huawei HiSilicon is only responsible for chip design and has no plans to enter the fab, who knows what will happen in the future.

Maybe in a few years, we can cooperate with Nanshan Semiconductor to build a wafer factory.

Thinking of this, Xu Jun immediately gave an affirmative reply, saying: "You can screen it to see which types of chips are suitable for cooperating with each other, and find a time to go over and communicate with them." ”

Huawei HiSilicon will think so, and BYD Semiconductor is naturally not idle.

Relatively speaking, BYD Semiconductor is focusing more on the semiconductor components that need to be used in new energy vehicles such as IGBTs.

The demand for automotive-grade chips is actually greater.

"Mr. Wang, I heard a statement that in the future, the industries under the Nanshan Group, whether it is the CNC system on the machine tool, or the parts produced by Nanshan auto parts, but all the semiconductor components that need to use chips and other semiconductor components need to be purchased from China."

"Most of them will be concentrated in Nanshan Semiconductor for their own production."

"I had some doubts about this statement before, after all, it is very difficult to get all kinds of chips."

"But judging from some of the actions of Nanshan Semiconductor that we have heard recently, the other party is likely to be serious."

"Over there in Silicon Valley and Dongying, many semiconductor-related companies, Nanshan Semiconductor have arranged people to contact."

"Either it is to poach people, or to talk about acquisitions, Nanshan Semiconductor's actions are very frequent."

Liang Chuanqing, as BYD's vice president of R&D, is in charge of all R&D work of the group.

For the dynamics in the industry, he naturally has to grasp it in a timely manner.

In terms of semiconductors, the most important thing to pay attention to is obviously Nanshan Semiconductor.

Other domestic semiconductor companies have rarely heard of automotive-grade chips.

Even if there is, it is only some entrepreneurial enterprises, and I don't know when the results will come out.

Unlike Nanshan Semiconductor, the wafer factories have already started, and a team of tens of thousands of people has been recruited.

That action, big scares people to death.

Especially in the context of the financial crisis, this action is even more exaggerated.

"According to what you said, isn't it becoming more difficult for us BYD Semiconductor to poach people from the industry?"

Wang Fu's first thought was what impact Nanshan Semiconductor's actions would have on him.

The semiconductor industry looks big, but so is the circle.

This is somewhat similar to the automotive industry.

You, Nanshan Semiconductor, have raised the salary and package standards of the industry, and the impact is not only on your own company.

It's the industry as a whole.

"Yes, now our semiconductor talents are mainly cultivated by ourselves."

"If you want to recruit from outside, unless you give a big price, you won't be able to dig up any talents who have mastered the core technology."

"That's a bit passive for us as well."

"The salary offered by Nanshan Semiconductor is too high, and it is impossible for us to follow up."

"Thanks to the impact of the financial crisis, the difficulty of poaching people is not so high, otherwise I estimate that Nanshan Semiconductor will give a higher salary."

"That's when it was a complete mess."

Although Liang Chuanqing is not engaged in personnel, he is still relatively clear about the approximate salary of various talents in the company.

If it weren't for the fact that some people value more than just salary, it is estimated that a lot of technical talents of BYD Semiconductor will be poached.

"There's no way, Nanshan Group has a lot of money, and we can't compare."

"What they want to do is bigger, and it's different from what we started for."

"Everyone should consider cooperation as much as possible."

Wang Fu is also self-aware.

Although BYD's current earnings are not bad, it has always been relatively stable.

But it also depends on who you compare with.

Obviously, if you compare it with the Nanshan Group, it is not a level of existence at all.

Compared with burning money, BYD can't afford to compare.

"Nanshan Semiconductor wants to localize all domestic automotive-grade chips, so it should be relatively open to various external cooperation."

"Otherwise, it would be impossible to complete this task by relying on Nanshan Auto Parts alone, or Xingchen Automobile itself."

When Liang Chuanqing said this, Wang Fu breathed a sigh of relief.

The main purpose of his semiconductor business is not to work hard to produce parts and cars, but most of them are earned by chip manufacturers.

I didn't think about how much movement I had to make in the chip industry.

The difficulty of that is too high is not suitable for BYD.

And when the semiconductor industry is paying attention to the movements of Nanshan Semiconductor, Zhang Jing brought Cao Yang another piece of good news.

"Mr. Cao, Nvidia is relieved."

"As long as you keep 20% of the shares of the founding team, the rest can be transferred."

"According to the current preliminary situation, the company needs to spend no more than $1 billion at most before it can acquire Nvidia."

Zhang Jing's words made Cao Yang happy in his heart.

Others don't know the future of NVIDIA, can he still not know?

NVIDIA, which focuses on the research of chips such as GPUs, is still a small point in the chip industry.

The development in the past few years has not been very ideal, and now it is affected by the financial crisis, and life can be said to be very difficult.

There is no style of a large factory with a market value of trillions of dollars in later generations.

"Promise them!"

"Money is not an issue, as long as they are willing to sell, a little higher and a little lower is not the most critical issue."

"But after the acquisition, Nvidia must set up a branch in Modu, and needs to accept Nanshan Semiconductor to arrange relevant personnel to enter the company to jointly research related GPU and other chip technologies."

"In addition, in terms of talent flow and the departure of the founder team, there should be more confirmation and arrangement."

"Don't spend a lot of money at that time, just buy an empty shell and come back, then it doesn't make any sense."

Cao Yang has seen a lot of problems of domestic enterprises suffering big losses after spending a lot of money on overseas acquisitions.

In particular, the chip industry is relatively special and is destined to be suppressed in the future.

How Nanshan Semiconductor can ensure its own interests needs to be laid out in advance.

Of course, even from a purely financial investment perspective, the acquisition of Nvidia is a valuable thing.

If a trillion dollars in market value can't be done, $100 billion is still not a big problem, right?

At that time, Nanshan Group can be regarded as making a lot of money.

There is certainly no problem in using these profits to further develop semiconductors.

Even because of Nanshan Semiconductor's high salary, students from various universities in China are much more enthusiastic about learning microelectronics and other related majors.

After all, no matter how good the ivory tower is, it will eventually enter society.

"No problem, I'll fly to the United States in person and communicate with the NVIDIA team."

"Strive to finalize the acquisition this month."

"The domestic economy has already shown that it is going to recover, and I am worried that it will drag on for too long and there will be a change."

When Zhang Jing said this, Cao Yang naturally didn't have any opinions.

He knows better than anyone what the future holds.

If you don't take advantage of 2009 to toss well, it will be much more difficult to toss in the future.

Even after people see that you are developing so fast and have a sense of crisis, they will start to think about how to deal with you.

(End of chapter)